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Chinese Infrastructure Lubricates Outflow of Angolan and DRC Resources

All Africa - DRC - 19 hours 41 min ago
[Fahamu]The Lobito Corridor between Angola and the Democratic Republic of Congo is a game-changer in the new scramble for Africa's mineral riches.
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China calls on U.S. to not take sides in territorial disputes

Yahoo - DRC - 19 hours 59 min ago
BEIJING (Reuters) - China called on the United States on Wednesday to respect its promises not to take sides in territorial disputes, after U.S. President Barack Obama said that islands at the centre of a dispute between Japan and China fall within the scope of the U.S.-Japan security treaty. Chinese Foreign Ministry spokesman Qin Gang made the remarks at a daily news briefing. (Reporting by Ben Blanchard, Writing by Sui-Lee Wee)
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UK awards subsidy contracts to eight renewable energy projects

Yahoo - DRC - 20 hours 2 min ago
The British government on Wednesday awarded investment contracts under a new subsidy regime to eight renewable energy projects, including five offshore wind farms and three biomass plants. The contracts were awarded on Wednesday under Britain's new contracts-for-difference scheme which gives renewable power generators certainty of a minimum electricity price over 15 years. The projects include the Dudgeon offshore wind farm, proposed by Norway's Statoil and Statkraft, Dong Energy's Burbo Bank offshore wind farm and the third biomass conversion unit at Drax's coal-fired power plant.
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Chairman of Lanzhou Veolia apologises after water pollution in China

Yahoo - DRC - 20 hours 8 min ago

The chairman of the Chinese unit of French utility Veolia Environment has apologised to the public after a cancer-inducing chemical was found in tap water supplied by the company, the Xinhua news agency said. Benzene was found in tap water supplied by the Lanzhou Veolia Water Company in the northwestern city of Lanzhou on April 10, forcing the city of 3.6 million people to turn off supplies in one district. Last week, China blamed Veolia for failing to maintain water quality.

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Paying for giant Nile dam itself, Ethiopia thwarts Egypt but takes risks

Yahoo - DRC - 20 hours 12 min ago

By Aaron Maasho ADDIS ABABA (Reuters) - Ethiopia's bold decision to pay for a huge dam itself has overturned generations of Egyptian control over the Nile's waters, and may help transform one of the world's poorest countries into a regional hydropower hub. By spurning an offer from Cairo for help financing the project, Addis Ababa has ensured it controls the construction of the Renaissance Dam on a Nile tributary. But the decision to fund the huge project itself also carries the risk of stifling private sector investment and restricting economic growth, and may jeopardise Ethiopia's dream of becoming a middle income country by 2025. The dam is now a quarter built and Ethiopia says it will start producing its first 750 megawatts of electricity by the end of this year.

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China's Huawei says reports of NSA spying won't impact growth

Yahoo - DRC - 20 hours 16 min ago

By Yimou Lee SHENZHEN, China (Reuters) - China's Huawei Technologies Co Ltd, the world's No.2 telecoms equipment maker, on Wednesday shrugged off analysts' concerns that its growth will suffer from media reports alleging the United States accessed servers at its Shenzhen headquarters. The New York Times and Der Spiegel last month cited documents leaked by former U.S. security contractor Edward Snowden as saying the National Security Agency (NSA) obtained sensitive data and monitored Huawei executives' communications. Analysts at a conference in Shenzhen raised concerns about Huawei's business suffering from similar worries over the security of its products, following the New York Times and Der Spiegel reports. "On the NSA ... it does not have a big impact on business growth," Eric Xu, Huawei's executive vice president and one of its rotating CEOs, told an analyst conference on Wednesday in Shenzhen.

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Center Parcs' Term-Time TV Advert Banned

Yahoo - DRC - 20 hours 26 min ago

A TV advert for Center Parcs which "irresponsibly encouraged parents" to take their children on holiday during term time has been banned. The ad, which promoted four-night midweek breaks at the resorts and featured families with school-aged children, aired with a small print disclaimer warning the offer "excludes school holidays". Although only two viewers complained, the Advertising Standards Authority (ASA) ruled the advert emphasised a "family break" and said it suggested families could take advantage of an offer that was not available at weekends or during school holidays. The ban comes weeks after an online petition signed by more than 170,000 people triggered a debate among MPs over the cost of school holiday breaks.

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Serendipity aids Egypt in struggle to recover stolen heritage

Yahoo - DRC - 21 hours 12 min ago

By Stephen Kalin and Tom Perry CAIRO (Reuters) - When French Egyptologist Olivier Perdu saw a fragment of a pharaonic statue on display in a Brussels gallery last year, he assumed it was a twin of an ancient masterpiece he had examined in Egypt a quarter of a century earlier. The reality was an even more remarkable coincidence: the fragment was part of the very same artefact - a unique 6th century B.C. statue hewn from pale green stone - that Perdu had received special permission to study in Cairo in 1989. "What I had between my hands in Brussels was the object that I had studied in the Cairo museum in 1989." Thanks to his chance encounter, the piece excavated in 1858 has found its way back to Egypt. It is now back in Cairo, where conservation experts have reunited it with the rest of the statue.

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Import tariffs strain rich-poor gap in 'madly expensive' Luanda

Yahoo - DRC - 21 hours 12 min ago

By Shrikesh Laxmidas LUANDA (Reuters) - In Luanda's Jumbo supermarket, a half-litre tub of imported vanilla ice-cream used to cost $25, testament to the Angolan capital's rank as one of the world's most expensive cities. With new import tariffs imposed last month, that price has jumped to $31, enough to make even wealthy locals and expatriates pause and putting it even further beyond the reach of millions of poor Angolans struggling to feed their families. Luanda already ranks as the world's most expensive city for expats, with the presence of thousands of foreign workers, many involved in the oil industry, helping to drive up prices. Sub-Saharan Africa's second largest oil producer, still rebuilding after emerged in 2002 from a 27-year civil war, imports three quarters of the goods it consumes.

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China military says faces 'complex' task keeping secrets

Yahoo - DRC - 23 April, 2014 - 00:57

China's military faces a "severe and complex" task in maintaining secrecy, especially given the widespread use of the internet and mobile communications, and needs to ensure security is tightened, a top military paper said on Wednesday. Secrecy is needed to ensure that the Chinese army is capable of both waging war and winning, the People's Liberation Army Daily said, citing a document approved by President Xi Jinping and issued by the powerful Central Military Commission.

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Chairman of Veolia unit in China apologises after water pollution

Yahoo - DRC - 23 April, 2014 - 00:49

The chairman of the Chinese unit of French utility Veolia Environment has apologised to the public after a cancer-inducing chemical was found in tap water supplied by the company, the Xinhua news agency said. Benzene was found in tap water supplied by the Lanzhou Veolia Water Company in the northwestern city of Lanzhou on April 10, forcing the city of 3.6 million people to turn off supplies in one district. Last week, China blamed Veolia for failing to maintain water quality.

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Russia holds snap military drills in Caspian Sea - report

Yahoo - DRC - 23 April, 2014 - 00:37
Russia's navy launched snap military exercises involving its fleet in the Caspian Sea, Interfax reported the Defence Ministry as saying on Wednesday. The Caspian Sea is bordered by Iran, Russia, Kazakhstan, Turkmenistan and Azerbaijan, and the region is crisscrossed by oil and natural gas pipelines. Russia has boosted the number of snap military drills since tensions have risen with neighbour Ukraine. NATO has said Russia's military exercises in its western military district have boosted its troop presence to around 40,000 near the border with Ukraine, where Moscow-backed President Viktor Yanukovich fled from power in February.
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China factory activity shrinks for fourth month, but pace of decline slows

Yahoo - DRC - 22 April, 2014 - 23:41

By Kevin Yao BEIJING (Reuters) - China's factory activity shrank for the fourth straight month in April, signalling economic weakness into the second quarter, a preliminary survey showed on Wednesday, although the pace of decline eased helped by policy steps to arrest the slowdown. "It's generally in line (with expectations), reflecting that growth momentum is stabilising," said Zhou Hao, China economist at ANZ in Shanghai. Hao expected economic growth to pick up slightly to 7.5 percent in the second quarter. MODEST STIMULUS MEASURES China's central bank will cut the amount of deposits rural banks must hold as reserves by between 0.5 and 2 percentage points, it said on Tuesday, the latest in a series of measures to help combat the slowing economy.

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Rwanda in Talks With DRC Over New Visa Fees

All Africa - DRC - 22 April, 2014 - 23:11
[New Times]The Rwanda Directorate General of Immigration and Emigration is engaged in talks with Democratic Republic of Congo migration officials on the possibility of reverting a new directive requiring Rwandans travelling to Congo through Bukavu border point to pay visa fees.
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Iran asks U.N. to act on U.S. ban on new ambassador

Yahoo - DRC - 22 April, 2014 - 22:58
By Michelle Nichols UNITED NATIONS (Reuters) - Iran asked the United Nations on Tuesday to demand that the United States grant a visa to Tehran's proposed new U.N. envoy, while Washington stood firm on its decision to deny entry to Hamid Abutalebi over his suspected links to hostage-takers. The United States has said it would not grant a visa to Abutalebi because of his connection to the 1979-1981 Tehran hostage crisis when Iranian students seized the U.S. Embassy and held 52 Americans hostage for 444 days. Abutalebi has said he acted only as a translator. The U.N. Committee on Relations with the Host Country, which deals with the issues of states operating in the United States such as immigration, security, banking and parking violations, met on Tuesday at Iran's request to discuss the matter.
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Vietnam sentences American to death over heroin - newspapers

Yahoo - DRC - 22 April, 2014 - 22:54
An American man of Vietnamese origin was found guilty and sentenced to death for an attempt to smuggle more than 1 kg (2.2 lb) of heroin from Vietnam to Australia, state-run newspapers reported on Wednesday. Dinh Jason, born in 1973, was detained before boarding a flight to Australia at Ho Chi Minh City's Tan Son Nhat International Airport on June 12, 2013, with the drugs found hidden in his underwear, the Hanoi police-run Capital Security newspaper said. He was convicted and sentenced at a one-day hearing on Tuesday by the People's Court in Ho Chi Minh City. Trafficking as much as 100 grams of heroin can be punished by life in prison or death in Vietnam.
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Japan inflation may have beat BOJ forecast - Kuroda

Yahoo - DRC - 22 April, 2014 - 22:20

By Leika Kihara TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said consumer inflation may exceed the central bank's projection in the fiscal year that ended in March, voicing confidence the world's third-largest economy continues to make headway in meeting its price target. Deputy Governor Hiroshi Nakaso added to the optimism, stressing that Japan can withstand the pain from a sales tax hike that kicked off this month as companies are increasing hiring and wages due to brighter prospects for the economy. "I think consumer inflation was actually slightly higher in fiscal 2013 than our current projection of 0.7 percent," Kuroda told a parliamentary session on Wednesday. "For now, we can say Japan is making steady progress toward achieving 2 percent inflation." His remarks suggest the BOJ will revise up the previous fiscal year's price forecast and maintain its bullish projections for subsequent years in its twice-yearly outlook report due out next week.

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Republicans in NC's Senate race trade few hits

Yahoo - DRC - 22 April, 2014 - 21:54

DAVIDSON, N.C. (AP) — The candidate in North Carolina's Republican Senate primary with backing from the party's Washington establishment came under little direct criticism Tuesday night as his top rivals had their first real chance to challenge him face to face.

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Satellites show North Korea nuclear test unlikely - think tank

Yahoo - DRC - 22 April, 2014 - 21:48

North Korea is unlikely to be ready to stage a nuclear test timed to coincide with U.S. President Barack Obama's visit to Asia, a respected think tank said on Wednesday based on its assessment of satellite imagery. Comments by South Korea's foreign ministry that the North could be moving towards what would be its fourth nuclear test prompted the U.S. State Department to urge Pyongyang to "refrain from actions that threaten regional peace". North Korea continually works on improving testing at its Punggye-ri site. Satellite imagery analysed by 38North, which is part of Johns Hopkins University, said that while there had been a pickup in activity, there were few signs of an imminent test.

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State Dept. says Egypt cleared for US military aid

Yahoo - DRC - 22 April, 2014 - 21:44
WASHINGTON (AP) — The Obama administration said Tuesday it has certified that Egypt is upholding its 35-year-old peace treaty with Israel and therefore qualifies for some military and counterterrorism assistance.
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